Financial, Government & Corporate Corruption & Cronyism

WHAT? Medicare Out Of Money in 38 Months?!

You know how I’ve said that I believe that we’re in entitlement trouble as soon as 2019?

I just heard on Kudlow the statement that at present burn rates Medicare runs out of “special Treasuries” in 38 months.

That’s three years and two months from now — or mid-2016.

Or three years earlier than my computations.

Uh, you know how I’ve been hollering that we must break the medical monopolies now or we’re screwed? Some people have said that’s “unrealistic.”

It’s not unrealistic. It’s necessary. With the “death date” of 2019 it was utterly necessary to do it now.

If the real date for Medicare is 2016 then we simply cannot get through this administration without dealing with it, which means the only two outcomes are that we take care of this now or our Seniors and Medicaid recipients will get screwed within the next three years.

Not some seniors, not some Medicaid recipients, all of them.

To the Republicans:

REFUSE TO RAISE THE DEBT CEILING AND FORCE A BALANCED BUDGET NOW.

AT THE SAME TIME BREAK THE MEDICAL MONOPOLIES — IF THE DEMOCRATS WON’T GO ALONG WITH IT REFUSE TO BRING ANYTHING TO THE FLOOR UNTIL THEY DO.